BE21.5 (LO2) Rick Kleckner NV recorded a right-of-use asset for 300,000 as a result of a lease on December 31, 2018. Kleckner's incremental borrowing rate is 8%, and the implicit rate of the lessor was not known at the commencement of the lease. Kleckner made the first lease payment of 48,337 on December 31, 2018. The lease requires eight annual payments. The equipment has a useful life of 8 years with no residual value. Prepare Kleckner's December 31, 2019, entries